Underwriters agree to purchase on a bought deal basis 450K flow-through common shares at C$24.08 per flow-through share, with an option to purchase up to an additional 50K flow-through shares.

SA says gross proceeds from the offering will be used to fund its 2016 exploration program at the KSM project and, subject to completion of the acquisition of SnipGold, the Iskut property in northwestern British Columbia.

Seabridge Gold (NYSE:SA) surged 10% in today's trade as Singular Research reiterated a Buy rating and $14 price target following news earlier in the week that the miner enjoyed positive drilling results at its Deep Kerr deposit, which included a considerable extension to the current boundary.

As in the case of the recently-announced extension of the Mitchell deposit, the expansion of the Deep Kerr deposit represents an "opportunity for continued increase in mineral resource at KSM,” the firm says.

The Deep Kerr drill hole was extended 400 meters below the previous hole that was near the lower end of the resource as currently defined, meaning "the new drill hole will provide information that will likely lead to an upgrade of the Deep Kerr resource estimate,” the firm says.

More than 20 "off-the-radar" companies will be presenting. As of now, the following small-caps are expected to present. In aggregate, the companies presenting are followed by more than 29,000 SA users. The number of SA alert subscribers for each symbol follows the symbol: